Price for Offal, Edible; of Bovine Animals, Livers, Frozen in Japan - 2023

Contents:

  1. Price for Offal, Edible; of Bovine Animals, Livers, Frozen in Japan (CIF) - 2023
  2. Price for Offal, Edible; of Bovine Animals, Livers, Frozen in Japan (FOB) - 2022
  3. Imports of Offal, Edible; of Bovine Animals, Livers, Frozen in Japan
  4. Exports of Offal, Edible; of Bovine Animals, Livers, Frozen in Japan

Price for Offal, Edible; of Bovine Animals, Livers, Frozen in Japan (CIF) - 2023

The average import price for offal, edible; of bovine animals, livers, frozens stood at $1,978 per ton in November 2023, picking up by 10% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.1%. The most prominent rate of growth was recorded in March 2023 when the average import price increased by 39% m-o-m. As a result, import price reached the peak level of $2,279 per ton. From April 2023 to November 2023, the average import prices remained at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In November 2023, the country with the highest price was the United States ($2,355 per ton), while the price for Australia ($1,640 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Australia (+1.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Offal, Edible; of Bovine Animals, Livers, Frozen in Japan (FOB) - 2022

In 2022, the average export price for offal, edible; of bovine animals, livers, frozens amounted to $29,206 per ton, flattening at the previous year. Overall, the export price recorded a slight contraction. Over the period under review, the average export prices attained the maximum at $29,642 per ton in 2021, and then contracted in the following year.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Thailand ($249,000 per ton), while the average price for exports to Vietnam ($8,533 per ton) was amongst the lowest.

From 2021 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (-10.1%), while the prices for the other major destinations experienced a decline.

Imports of Offal, Edible; of Bovine Animals, Livers, Frozen in Japan

In 2022, the amount of offal, edible; of bovine animals, livers, frozens imported into Japan shrank significantly to 829 tons, which is down by -26.4% compared with 2021 figures. Over the period under review, imports showed a deep contraction. The pace of growth appeared the most rapid in 2021 with an increase of 19% against the previous year. As a result, imports attained the peak of 1.1K tons, and then shrank rapidly in the following year.

In value terms, imports of offal, edible; of bovine animals, livers, frozens dropped remarkably to $1.6M in 2022. In general, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 27%. As a result, imports attained the peak of $1.9M, and then reduced markedly in the following year.

Import of Offal, Edible; of Bovine Animals, Livers, Frozen in Japan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1,0331,0171,1851,023-0.3%
Australia439371587432-0.5%
Mexico1361431731789.4%
OthersN/A2.42.111.6119.8%
Total1,6081,5331,9461,6440.7%

Top Suppliers of Offal, Edible; of Bovine Animals, Livers, Frozen to Japan in 2022:

  1. United States (472.9 tons)
  2. Australia (244.0 tons)
  3. Mexico (107.6 tons)

Exports of Offal, Edible; of Bovine Animals, Livers, Frozen in Japan

In 2022, the amount of offal, edible; of bovine animals, livers, frozens exported from Japan fell rapidly to 34 kg, shrinking by -49.3% on the previous year's figure. Over the period under review, exports recorded a sharp setback.

In value terms, exports of offal, edible; of bovine animals, livers, frozens fell significantly to $993 in 2022. In general, exports faced a precipitous slump.

Export of Offal, Edible; of Bovine Animals, Livers, Frozen in Japan (USD)
COUNTRY20212022CAGR,
2021-2022
Thailand277249-10.1%
Vietnam328128-61.0%
Macao SAR22191.0-58.8%
Singapore26979.0-70.6%
Others891446-49.9%
Total1,986993-50.0%

Top Export Markets for Offal, Edible; of Bovine Animals, Livers, Frozen from Japan in 2022:

  1. Vietnam (15.0 kg)
  2. Thailand (1.0 kg)
  3. Singapore (1.0 kg)
  4. Macao SAR (1.0 kg)

Source: IndexBox Market Intelligence Platform

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